NORDVEST ELEKTRO AS

6105 VOLDA

Finances

Return on Equity

−4,99 %

Current Ratio

0,51

Debt-to-Equity Ratio

4,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	417 000	577 000	654 000
Net Income	−172 000	145 000	245 000	310 000
Total Assets	23 764 000	5 009 000	3 801 000	3 861 000
Total Equity	3 448 000	3 620 000	3 475 000	3 230 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	417 000	577 000	654 000
Expenditure	426 000	215 000	266 000	260 000
Operating Profit	73 000	202 000	311 000	394 000
Financial Income	38 000	5 000	2 000	2 000
Financial Costs	332 000	21 000	0	0
Financial Balance	−294 000	−16 000	2 000	2 000
Earnings Before Tax	−221 000	186 000	313 000	397 000
Tax	−49 000	40 000	68 000	87 000
Net Income	−172 000	145 000	245 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 092 000	4 671 000	3 388 000	3 292 000
Total Current Assets	1 672 000	338 000	413 000	569 000
Total Assets	23 764 000	5 009 000	3 801 000	3 861 000
Total Retained Equity	3 395 000	3 567 000	3 422 000	3 177 000
Total Equity	3 448 000	3 620 000	3 475 000	3 230 000
Total Long-Term Debt	17 016 000	1 159 000	61 000	61 000
Total Current Debt	3 299 000	230 000	265 000	570 000
Total Equity and Debt	23 764 000	5 009 000	3 801 000	3 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 000	−83 000	577 000	604 000
Other Income	417 000	500 000	0	51 000
Revenue	500 000	417 000	577 000	654 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	364 000	141 000	137 000	155 000
Impairment	0	0	0	0
Expenditure	426 000	215 000	266 000	260 000
Operating Profit	73 000	202 000	311 000	394 000
Financial Income	38 000	5 000	2 000	2 000
Financial Costs	332 000	21 000	0	0
Financial Balance	−294 000	−16 000	2 000	2 000
Dividends	0	0	0	450 000
Net Income	−172 000	145 000	245 000	310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 086 000	3 560 000	3 377 000	3 327 000
Machinery and Plant Facilities	1 000	3 000	5 000	8 000
Fixtures	0	0	0	0
Total Tangible Assets	22 086 000	3 563 000	3 382 000	3 335 000
Total Fiancial Fixed Assets	6 000	1 109 000	6 000	−43 000
Total Fixed Assets	22 092 000	4 671 000	3 388 000	3 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 000	231 000	290 000	506 000
Total Current Assets	1 672 000	338 000	413 000	569 000
Total Assets	23 764 000	5 009 000	3 801 000	3 861 000
Total Equity	3 448 000	3 620 000	3 475 000	3 230 000
Short-Term Group Debt	0	4 000	0	0
Total Long-Term Debt	17 016 000	1 159 000	61 000	61 000
Creditors	3 185 000	96 000	196 000	21 000
Unpaid Taxes	0	1 000	0	20 000
Dividends	0	0	0	450 000
Other Current Debt	115 000	86 000	0	0
Total Current Debt	3 299 000	230 000	265 000	570 000
Total Equity and Debt	23 764 000	5 009 000	3 801 000	3 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,99 %	4,01 %	7,05 %	9,6 %
Debt-to-Equity Ratio	4,94	0,32	0,02	0,02
Operating Profit Margin	14,6 %	48,44 %	53,9 %	60,24 %
Current Ratio	0,51	1,47	1,56	1
Quick Ratio	0,51	1,47	1,56	1
Equity Ratio	0,15	0,72	0,91	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %